Home » Palm Beach » 445 Brazilian Avenue, Palm Beach, FL 33480 | R11048297/RX-11048297

Single Family House For Sale 445 Brazilian Avenue, Palm Beach, FL 33480

$13,950,000

Property Highlights

Listing ID R11048297/RX-11048297 Status of this Listing: Active For Sale Property Type Land Single Family House Lot area 9,147 Sqft/849.78 m2 approx. Time of this property on Rebonus 30 Day(s)

445 Brazilian Avenue, Palm Beach, FL 33480

Property Description: Rare opportunity to own land or a commercial multi-family property in the heart of Palm Beach. Situated on a 9,000+ SF lot on the highly coveted 400 Block of Brazilian Ave. on the North Side of the street, this property offers exceptional flexibility: keep it as an income-generating, multi-family complex with 14 beautifully updated units (12 studio apartments and 2 one-bedroom apartments, all renovated between 2017 and 2021), or start fresh and build new in one of the most desirable locations in Palm Beach.

Useful Info

Original List Price:$13,950,000

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
  • City Lot
Lot Size Unit:Square Feet

Property Features

View from the Property:
  • Intercoastal
Waterfront:No
Vegetation:
  • Other
Road Responsibility:
  • Public Maintained Road

Taxes and Expenses

Tax Annual Amount:$65,780

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024

Terms

Documents Available:
  • Aerial
Listing Terms Considered by Seller:
  • Cash
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Subdivision Name:ROYAL PARK
Complex Name:ROYAL PARK
Senior Community:No
Development Status:
  • Site Plan Filed

Parking

Covered Spaces:0

More Details

Other Information:
Data exchange original Listing NumberRX-11048297
Ref1100924398

Zoning and Legal

Tax Legal Description:ROYAL PARK ADD LTS 4 & 5 BLK 1
Real Estate Folio Number (Parcel Number):50434323050010040
Zoning Description:R-C(ci

Listing History

Update/EventDate/Days
Published Date:January 2, 2025 9:39 am
On Market Date:December 30, 2024
Listing Contract Date:December 30, 2024
Last Important Update Description:New Listing
Date and Time of Last Important Update:January 2, 2025 9:47 am
Status Last Changed:January 2, 2025 12:00 am
Photos Last Modified:January 2, 2025 4:24 pm
Last Modified:January 29, 2025 4:55 pm
Days on the Market Reference Date:January 29, 2025
Days on the Market (updated on Last Modified*):30
Cumulative Days on the Market (updated on Last Modified**):8

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot, 1/4 Acre Or Less
Number of Photos:24
Location:City Location,City Location
Included:,,
Geographical Area:Palm Beach 5001; 5002; 5003; 5004
Area:5002
Automated Valuation Display:Yes
Courtesy of:Douglas Elliman
Universal Property Id:US-12099-N-50434323050010040-R-N

Location

Show Property Address:Yes
Street Name:Brazilian Avenue
Street Number:445
Street Address:445 Brazilian Avenue
City : Palm Beach
State : Florida
Zip Code : 33480
County : Palm Beach
Full Address:445 Brazilian Avenue, Palm Beach, FL 33480
Latitude:N26° 42' 17.4''
Longitude:W81° 57' 26''

Neighborhood

Postal City:Palm Beach

Property Map